Folks That Bother Me

Folks who bother me: Those who say high income earners are "greedy" for wanting to keep as much of the money they EARNED! Ironically these same folks see nothing "greedy" when the government robs the most productive of the fruits of their labor, redistribute it to those who haven't earned it, and vote for more robbery. They lambaste and vilify the real victims, and praise the thieves and recipients of the pillage.

Folks that bother me

Folks who bother me: Individuals who bash businesses for outsourcing millions of jobs, when those same individuals support the political policies (higher taxes, more regulations, and other higher costs) that make outsourcing such an attractive option to businesses in the first place.

US Government defaults. Separating the reality from the political rhetoric.

With all this talk about not defaulting on our Debt. Keep in mind there have been defaults by the US government several times in our history already. Lets separate the reality from the fear mongering rhetoric by the politicians. Great link to an article below:


http://mises.org/daily/5463/A-Short-History-of-US-Credit-Defaults

This pretty much captures it

Ron Paul 2012

The best chance for restoring maximum economic and personal liberty in this country. Here is his first official ad of the 2012 campaign.

Idiots...Idiots i say

So i just read someone write a comment saying, "The American people want the top 1% to pay it's fair share of taxes." 


Okay people the top 1% of income earners pay around 38.2% of all income taxes. So please explain how 1% of people paying 38.2% of the taxes is not a fair share?


Source:  Table 1. Summary of Federal Individual Income Tax Data, 2008(Updated October 2010)

	Number of Returns with Positive AGI	AGI ($ millions)	Income Taxes Paid ($ millions)	Group's Share of Total AGI	Group's Share of Income Taxes	Income Split Point	Average Tax Rate
All Taxpayers	139,960,580	8,426,625	1,031,512	100%	100%	-	12.24%
Top 1%	1,399,606	1,685,472	392,149	20.00%	38.02%	$380,354	23.27%
1-5%	5,598,423	1,241,229	213,569	14.73%	20.70%		17.21%
Top 5%	6,998,029	2,926,701	605,718	34.73%	58.72%	$159,619	20.70%
5-10%	6,998,029	929,761	115,703	11.03%	11.22%		12.44%
Top 10%	13,996,058	3,856,462	721,421	45.77%	69.94%	$113,799	18.71%
10-25%	20,994,087	1,821,717	169,193	21.62%	16.40%		9.29%
Top 25%	34,990,145	5,678,179	890,614	67.38%	86.34%	$67,280	15.68%
25-50%	34,990,145	1,673,932	113,025	19.86%	10.96%		6.75%
Top 50%	69,980,290	7,352,111	1,003,639	87.25%	97.30%	>$33,048	13.65%
Bottom 50%	69,980,290	1,074,514	27,873	12.75%	2.70%	<$33,048	2.59%
Source: Internal Revenue Service